I'm getting rid of my wife's BMW right now. They depreciate so fast after the first 3-4 years. Initial year depreciation is BAD, then they get WORSE.
LOVE the car. Hasn't cost much to own, haven't had an issue. This one, we entered it at 20% equity and now are underwater on a 60 month subprime loan.
Really wanted the X5, but its just not a 10 year car to own. Once you hit the 70-80K you're gambling everyday. We're very comfortable, but not enough where I don't care about forking over an unforeseen 3-4K at year 4 into ownership. Next car for my wife will be one we own it for 10 years.
LOVE the car. Hasn't cost much to own, haven't had an issue. This one, we entered it at 20% equity and now are underwater on a 60 month subprime loan.
Really wanted the X5, but its just not a 10 year car to own. Once you hit the 70-80K you're gambling everyday. We're very comfortable, but not enough where I don't care about forking over an unforeseen 3-4K at year 4 into ownership. Next car for my wife will be one we own it for 10 years.